Devastated employees and struggling Canadian content Behind the scenes of Shomis shutdown

first_img LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Advertisement “Hey Shomis,” said Shomi general manager David Asch. That jingle marked the start of every team meeting at the jointly-owned Rogers-Shaw streaming service, but former Shomi employee Cassandra James, noted something different in his voice that afternoon.“It was almost like he told us that our pet had died,” she remembered. She strolls into our meeting with her hands in the front pocket of her hoodie. After she reaches across the table to shake my hand, she recalls the day she found out that Shomi was shutting down.“I actually left. There’s this thing with my anxiety that I don’t like people witnessing my emotions,” said James. She left the room immediately after hearing the news and headed to the washroom to wipe away the tears and splash cold water on her face. Upon leaving, she noticed several colleagues lined up outside the bathroom for what she presumed to be the same reason.If content rules, Netflix is King At this point, Shomi had been operational for two years and was the first English-language streaming service to launch in Canada after Neftlix. Login/Register With: Advertisement Facebook Twitterlast_img read more

Tiger Woods May Alter Preparation Plans Before The Masters

Having not won a major in six years could be a reason Tiger Woods is considering changing his pre-Masters preparation.Woods shot a 71 in the first round of the Honda Classic Thursday and afterward said he could alter his playing schedule or  the way he prepares for the year’s first major in April at Augusta National.“It could be all of the above,” he said to ESPN.After the Honda Classic, Woods is scheduled to defend his titles at next week’s WGC-Cadillac Championship at Doral and the Arnold Palmer Invitational in three weeks, giving him two tournament weeks off prior to the Masters, which begins April 10.“Still looking into that, yeah,” Woods said of his preparation. “Still looking to possibly make some changes going in there.”Woods being Woods, he did not elaborate on the potential changes.He skipped last week’s WGC-Accenture Match Play Championship, and his 1-over 71 at PGA National on Thursday was just his eighth official round of 2014. He missed the secondary 54-hole cut at the Farmers Insurance Open and also played the Dubai Desert Classic.The only tournaments he could add are the Valspar Championship in two weeks at Innisbrook, near Tampa, Fla.; the Valero Texas Open in San Antonio, which follows Palmer’s tournament; or the Shell Houston Open, which is played the week before the Masters.To play near Tampa would mean competing four straight weeks, something Woods rarely does; he has not played the San Antonio event since first turning pro in 1996; and Woods has never played the Houston Open or the week prior to the Masters as a pro. read more

Nainggolan clears the air on his bad boy tag

first_imgRadja Nainggolan has opened up about the struggles he had earlier in his life and went on to defend the criticism of his personality and lifestyle.Nainggolan’s strong and unconventional character has made him a controversial figure during his time in Italy.“I can tell you that I am just a normal person and not a bad boy as many people label me,” he told France Football and cited by FourFourTwo.“I can walk about in the worst neighbourhoods and live in a normal way. I can accept the favours that are given to the players, but that does not mean that I look for them.“I shop at the supermarket, I can drink and smoke a cigarette with serenity. Even a footballer can smoke, even if they do not have a ‘normal’ job.”Romelu Lukaku, Serie A, Inter MilanCapello calls Lukaku “a modern striker” Manuel R. Medina – September 14, 2019 The former Italian manager believes Romelu Lukaku is perfectly suited for Antonio Conte’s Internazionale Milan in the Serie A.The former Belgian star talked about his life in Antwerp living in a single parent household.“In the early days at Piacenza, I earned a thousand euros a month but for me and my family that was a lot,” Nainggolan said.“I try to ensure a good standard of living for all my family members. I am inspired by my mother. She was the most important person in my life, she had nothing but she gave me everything by making a lot of sacrifices.”“I am very proud of my origins even if they did not allow me to have an easy life. I feel originally from Antwerp while as a player I consider myself to be Italian from a technical and tactical point of view.“I have many qualities but do not excel in any. My style allows me to give everything for my teammates.”last_img read more

An Editors Conundrum Balancing Print and Online Duties

first_imgThat’s really very odd.Why, as I sit here going on and on and on and on about how important online media are to businesses big and small, online and off-, was I so resistant to practice then what I preach now (even though I practiced it then, only on my own time)?It could be that I don’t much like being told what to do. It could be that I’d been online for so long, relatively speaking, that I didn’t entirely agree with the approach that was being taken.But mostly I think it might have been that I didn’t think I could do it right. Where “right” means as myself. With my voice. In my own time. Saying what I wanted to say. Where what I would have wanted to say was sometimes not so shiny-happy-positive, and where some of the positive things I would have said would have been about other companies and not mine.My whole love affair with online media is in good part because of the spontaneity and honesty of it. To be a cog in a larger social media strategy just didn’t remotely turn me on. (To be clear: I was never asked to be a cog. I’m just super bristly.)And so I’m left now to figure out how to amend the stuff I spout off about to accommodate this experience I’d forgotten. Here’s my first shot:If you run a company, you should be online. You should have a blog where you engage with anyone who wants to chat with you. You should be on Twitter and you should use it very little for broadcasting and very much for sharing and conversing. Same with Facebook. And any other site. If you yourself aren’t going to be the person doing the online stuff, you should make sure the person you have do it has the following resources:1. Time. It takes time to write blog posts and to tweet. It doesn’t have to take a huge amount of time, but it takes some time. Give the person some time.2. Freedom. Pick someone you trust enough to represent your business and your brand that you can give them a very long leash to say what they need to say how they need to say it. If they mess up, let them clean it up. If they mess up horribly, find someone else to do it. But don’t do anything to prevent the spontaneity, fun and impromptu conversation that are integral parts of successful online media campaigns.3. Trust. See #2.4. Time from you. Things online move fast. In all likelihood—regardless of what kind of business you’re in—they move way faster than they do in the rest of your business. So when your person comes to you and says they need to deal with something, STAT, believe them. If they come to you because some convergence of thinking in your online community presents an opportunity for a big promo next week, see if you can make it happen. Try hard to make it happen.Does any of this make sense? Or have I blathered myself into an atrocious contradiction?[EDITOR’S NOTE: This post originally appeared here.] Something occurred to me out of the blue today: during my last few months as editor of Interweave Crochet, as the company was beginning to focus more on the possibilities presented by online tools and social media, I wanted nothing to do with any of it in my work as editor. Crazy, hey?As you might have noticed, the whole print publishing industry is struggling to make sense of online media in much the same way the yarn industry is struggling.In my final months at IC, there was a lot more talk around the office about online stuff: blogs, forums, Twitter. And even though I had my own blog and still kept up a bit at the CrochetMe.com blog and I was on  Twitter, I really bristled at being pressured to do more online stuff for the magazine. Even though I was certain we needed to be online more and better than we were.last_img read more

IDG Communications CEO Steps Down

first_imgMichael FriedenbergMichael Friedenberg is stepping down from his role as CEO of IDG Global Communications after 12 years with the company, effective immediately, IDG announced today.Friedenberg’s four year tenure as CEO was one of persistent change for IDG — whose brands include CIO, ComputerWorld, PCWorld, and MacWorld — as it evolved from a traditional publishing model to a more centralized, global business information organization, focused its growing data and marketing services businesses. He helped steer the company through both the passing of founder and longtime chairman Patrick McGovern, in 2014, and the eventual sale to China Oceanwide Holdings Group for about $1 billion, a deal made official earlier this year.Indications that the company was going through some transitional pains then popped up in May, when a mass round of at least 90 layoffs hit both senior-level executives and staffers at all four of the above-mentioned titles.In a statement, the company said the cuts were the cost of IDG’s ongoing transformation “from a decentralized and complicated organization to navigate and do business with into a globally streamlined company that provides the greatest possible value and best possible experience to our readers and customers.” Kumaran Ramanathan“The timing was right for me to step down from this position, given IDG’s overall health, strong leadership team and a desire to be closer to my family,” Friedenberg said in a statement. “IDG has a very bright future ahead thanks to the talent, passion, and commitment to excellence of our employees around the world, coupled with the incredible leadership and financial resources that China Oceanwide offers.”China Oceanwide has kept things internal to replace Friedenberg, naming Kumaran Ramanathan president of IDG Communications, effective immediately. Ramanathan until now held the role of CEO of IDG Global Services, a group that oversees IDG’s Global Solutions, Strategic Marketing Services, Corporate Sales, and Research divisions. Altogether, he’s been with the company for nine years.“I am honored by today’s announcement,” added Ramanathan in the statement. “I was fortunate to have worked with Michael for many years as he led the company through the unexpected passing of our Founder Pat McGovern and transformed the company to become the world’s largest technology media, data and marketing services company.”last_img read more

Sensex Nifty may spurt on retail inflation data TCS Q2 results Infosys

first_imgIndian stock markets on Friday could well reverse the massive losses of the previous day caused by expectations of an interest rate hike by the US Fed Reserve that saw the benchmark indices — BSE Sensex and NSE Nifty — plunge 1.56 per cent. The two triggers that could lead to a rally are September retail inflation data and upbeat TCS results for September quarter.Retail inflation in September improved to a 13-month low of 4.31 per cent from 5.05 per cent in the previous month. Food price inflation, the main contributor to overall inflation in the past few months, declined to 3.88 per cent during the month from 5.91 per cent in August. Analysts view this as not only positive, but also raising the scope for another rate cut of 25 basis points.Secondly, Tata Consultancy Services (TCS), India’s largest software services exporter, posted decent growth in consolidated net profit and revenues for the September quarter on a year-on-year (YoY) basis.While net profit rose 8.4 per cent to Rs. 6,603 crore, revenues were up 7.8 per cent to Rs. 29,284 crore. The company also declared interim dividend of Rs. 6.50 per equity share.These two factors could well reverse the drastic fall of Thursday when the BSE Sensex closed 440 points, or 1.56 per cent lower, at 27,643, while the NSE Nifty ended the day at 8,573, down 135 points.On Thursday, TCS shares closed 2.17 per cent lower at Rs. 2,328.50 apiece, while Infosys gained 2.14 per cent to end at Rs. 1,052.05.However, Q2 results of Infosys would influence market sentiments on Friday. The Bengaluru-based IT software services exporter had already hinted at a possible downward revision of revenue guidance for the year.On July 15, the company, while declaring its Q1 results, had lowered its FY2017 revenue guidance to 10.5-12 per cent from 11.5-13.5 per cent earlier, triggering a 10 per cent fall in share price.In September, Vishal Sikka, CEO of Infosys, had hinted at another downward revision triggered by factors such as Brexit.”What I could say is that we see that our Q2 growth is going to be higher than the Q1 growth, but we do see risks that would get us towards a territory of downward revision of guidance because the atmosphere during the course of Q2 has worsened compared to what we saw in the beginning of Q2. And you see the example of RBS, it is one such example,” told analysts during a call last month.The company’s June 2016 quarter consolidated net profit was $511 million on revenues of $2,501 million, translating into revenue growth of 10.9 per cent on a year-on-year (YoY) basis and 12.1 per cent in constant currency terms. The operating margin came at 24.1 per cent.last_img read more

No change in personal tax rate What salaried class got from Budget

first_img[Representational image]Creative CommonsIt was expected that Budget 2018 would offer some salve to the salaried class which has always been the favourite target of finance ministers looking to shore up revenues to keep the bloated government machinery running.Union Budget 2018 highlights: FM throws cold water on hopes of individual taxpayersThere were high expectations that the budget would propose to increase the personal tax exemption limits and raise the current basic tax slabs. But Budget 2018 disappointed the salaried class with no changes offered in tax slabs.A person whose total income exceeds the tax exemption limit set by the government has to pay income tax. This has to be paid based on prevailing rates. Currently, people earning up to Rs 2.5 lakh per annum are exempted from income tax. There was speculation that the finance minister will increase the current basic income tax slabs to Rs 3 lakh. But he disappointed by going by the current rates.  Current income tax slabsHere are major announcements related to personal tax from Union Budget 2018:  The government has made many positive changes in personal income tax rates in the past year so no changes will be there in personal tax rates and tax slabs in Budget 2018.For all of the employees, the government would continue to make 12% contribution towards the Employee provident fund account for three years’ time.Women contribution to EPF reduced to 8% for first 3 years without affecting employer’s contribution.Seventy lakh formal jobs have been created this year. Government to contribute 12% of EPF contribution for new employees in all sectors.In a relief for salaried taxpayers, Arun Jaitley announced standard deduction of Rs 40,000 under the heads of transport and medical reimbursement. The facility is extended to pensioners as well.The education cess on personal income tax will be raised to 4 percent from the present 3 percent.”The salaried class was looking forward to either a realignment of tax slabs or significant benefit in the form of standard deduction. Though the standard deduction of Rs 40,000 looks attractive the benefit is significantly diluted since medical reimbursement of Rs 15,000 and transport allowance of 19,200 have been removed. The increase of cess on the tax to 4% from current levels of 3% also eats into the savings”,  Saraswathi Kasturirangan Partner of Deloitte, told International Business Times India.last_img read more

KimTrump summit a remarkable breakthrough for peace

first_imgFactfile looking back on the 12 June 2018, summit in Singapore between North Korean leader Kim Jong Un and US president Donald Trump. Photo: AFPThe agreement for a second summit between Donald Trump and Kim Jong Un was a “remarkable breakthrough” for peace negotiations on the Korean peninsula, president Moon Jae-in said Monday, but he acknowledged doubts remained over denuclearisation.The US president and North Korean leader are due to meet in Hanoi from February 27 to 28 following their landmark first summit in Singapore last June.That meeting — the first-ever between the leaders of the US and North Korea — produced a vaguely-worded document in which Kim pledged to work towards “the denuclearisation of the Korean peninsula”.But progress has since stalled with the two sides disagreeing over it means and analysts say tangible progress on denuclearisation will be needed if the talks are to avoid being dismissed as “reality TV”.With the high-stakes summit now two weeks away, Pyongyang has yet to provide any official confirmation of the meeting in the Vietnamese capital.”For us, the era of peace and prosperity on the peninsula has drawn closer,” said Moon in his first comments since the summit was announced.The meeting was a “remarkable breakthrough in the peace process on the Korean peninsula”, the South Korean president added.But he acknowledged there were “still many doubts about whether the denuclearisation of the Korean peninsula and peace process can be concluded successfully”.The leaders of the two Koreas and the US have persisted in talks over the issue because of “strong confidence in the direction history should take”, added Moon, who has taken on the role of middle man between Pyongyang and Washington, trying to bridge the gap on denuclearisation talks.Security allies Seoul and Washington have at times pursued divergent approaches toward Pyongyang, with the dovish South Korean leader pursuing engagement while the United States insists pressure must be maintained until the North denuclearises.But Moon expressed gratitude to both Trump and Kim for their “unprecedented, bold diplomatic efforts”, saying they were “crossing a sea of deep mistrust”.last_img read more

WATCH Woodworking Wonder Thomas Irven

first_img Share Woodworker Thomas Irven spins magic on his lathe – creating amazing pieces of art – learn more about Thomas Irven’s art this Friday night (May 17) at 7:30pm on Arts InSight on Houston Public Media – TV 8last_img